Home Facts trade

Spring Market Went Up and Down, Price index Rebounded Slighlty

Spring Market Went Up and Down, Price index Rebounded Slighlty

Write: Avenall [2011-05-20]

--Brief Analysis on Price Index 20090406

March. 30 to April. 3, customers in each professional markets of China Textile City subscribed products warmly in partial areas, the spot transactions got a slight rise and order sending grew. From Apr. 4 to 5, part of target customers returning home for the Tomb-sweeping Day, plus the cloudy and rainy days, the whole market turnover shrank slightly. Analysing on the whole trend of each professional market of China Textile City, it mainly reflected that in apparel fabrics, the sales in mid-heavy spring fabrics due to the gradually saturated demand in all garment factories were undersold in partial spot goods, as the early-summer mid-heavy and light fabrics came into the market, the turnover of spring market went well and dull. In it, part of spot goods and order sending on cotton fabrics, polyester/nylon fabrics, polyester/spandex fabrics, ramie/viscose fabrics and fashion fabrics grew in different degrees, while the sales in the mid-heavy spring products of polyester fabrics, T/C fabrics and polyester/wool fabrics, owing to the temporary saturation in demand in all garment factories, tended to shrink, and part of spot goods in stock were undersold. Home textile sold well and dull, the spot transactions and order sending in curtains rebounded slightly, the new-style innovative fabrics were still welcomed by the target domestic and foreign customers, the overall turnover ranked ahead in all main categories of the market; the turnover on curtain gauzes, bedding and daily-use home textile dropped lower than last issue, and the fabrics in updated styles and innovative fabrics dominated the market. The whole turnover on fashion accessories climbed up slightly, the sales in each category went up and down, order sending in lining materials and laces gradually grew, but the daily transactions on thread & rope, belts and apparel linings kept insufficient, the sales volumes declined in some degrees. According to the sample-data supervision and analysis on nearly 1000 representative products, the price index of the issue 20090406 of "China·Keqiao Textile Index" closed at 90.44 points, up 0.23% from last issue. The first classification showed: the price indices on raw materials, grey cloths, fabrics and fashion accessories rose up slightly, pushing the general price index to rebound in a narrow range; but the price index on home textile declined slightly, relatively restraining the rebound rate of the general price index. In it, the price index on raw materials closed at 79.58 points, up 0.13% from last issue; grey cloths closed at 92.72 points, up 0.27%; apparel fabrics closed at 96.81 points,up 0.25%; home textile closed at 94.35 points, down 0.30%; fashion accessories closed at 98.55 points, up 0.11%.

The prices of polyester materials rose up apparently, boosting up the price index

The price index on polyester category closed at 73.64 points, up 0.26% from last issue. March. 30 to April. 3, the market of polyester materials in the up stream went well, the prices of PTA and MEG continued the uptrend with a good market, sellers were reluctant to sell their products. As the prices of raw materials in the up stream soared up, the polyester chips followed the trend. In Jiangsu and Zhejiang, due to lack in the supply on semi-dull chips, more companies stopped the transactions, the main part of the prices moved upward. With the support of the uptrend of polyester materials in the up stream, the whole market in Xiaoshan and Shaoxing region continued to go up, and factories quoted at higher prices, the main part of the prices kept going up, so the whole market performed well. Polyester filament factories increased the production and sales volumes, the storage in some factories dropped down apparently. Polyester POY filament rose up apparently, factories seemed optimistic on the production and sales, the quotation rose up, the stock dropped down sharply, the main part of the prices went steady and up. Some polyester filament factories stopped the transactions and waited for the rise, they were unwilling to sell products; The quotation on DTY filament was lifted up, but the sales went tenderly; The main part of FDY filament went up stiffly and some products were expected to rise back. The whole market of polyester staples presented to be optimistic in good atmosphere, the whole market tended to have a rising price, the market continued to climb up. Driven by the costs of raw materials in the up stream, in this week, the whole price of polyester market stayed up, boosting up the price index. It is forecast that in the next week, the whole market of polyester materials will tend to fluctuate in steadiness, the quotation will continue the steady trend, and the prices of some products are expected to go up slightly.

Part of materials sold well and stagnant, causing the price index up and down

The price index on other chemical fiber category closed at 71.01 points, up 0.21% from last issue. Affected by the slight rise of the market price of nylon chips in the up stream, nylon filament manufacturing companies held strong mind to raise the prices. The rising price resulted in higher pressure on costs, but the market still had a weak demand. Owing to the tight supply in acrylonitrile a raw material in the up stream, traders were reluctant to sell products, causing to a relatively higher price. This made acrylic market price rise up apparently. Due to the good sales, the market tended to have a tight supply. The overall turnover of spandex market remained steady, the whole market continued to consolidate in flat and steady trend; Spandex manufacturing companies increase goods delivery apparently, in the market, the supply on low-end products grew apparently, the big orders with low prices got more. Since the storage of market suppliers stayed in a low level, spandex manufacturing companies had a slight increase in output. The price index on cotton/ramie category closed at 93.35 points, 0.11% lower than last issue. In Xiaoshan and Shaoxing region, the whole trade on cotton yarns kept a flat and weak trend, the quotation seemed to be flat. As the foreign orders in the down stream was insufficient and limited domestic orders can be received, the actual demand on cotton yarns was still inadequate, the turnover was too weak and soft to rise, and the market transaction scale shrank slightly compared with last issue. The sales volume on 60S cotton yarns kept the downtrend and tended to go flat; Combed cotton yarns were hard to forecast an optimism upon the sales. Poor delivery and soft price increased the cotton spinning factories' sentiment on selling products, the transactions stayed weak. The price index on viscose category closed at 74.24 points, down 0.16% from last issue. This week, the market prices of viscose staples went soft in steadiness, the whole market slowed down. The whole market of rayon yarns dropped down with a weak delivery, factories were eager to sell products, the unit price of partial products temporarily went steadily and firmly, but the quotation on rayon yarns declined slightly.

The turnover of apparel fabrics increased,making the price index rebound slightly

The price index on apparel fabrics closed at 96.81 points, 0.25% higher than last issue. Customers all around the country made more subscription, more new-style apparel fabrics came into the market, the spot transactions on early-summer fabrics rebounded slightly, as well as order sending. In it, the price index on fashion fabrics closed at 96.97 points, up 0.82% from last issue. In fashion fabrics, as more early-summer fabrics were sold than that of last week, the unit price of fabrics in new patterns went relatively firmly, making the price index rebound slightly; Polyester fabrics, nylon fabrics, nylon/polyester fabrics, nylon/polyester/spandex fabrics, rayon/spandex fabrics, polyester/rayon fabrics with fashion styles interacted with each other in small quantities, the products by using reactive dying and printing, and yarn-dyed striped and checked fabrics, jacquard fabrics, embroidered fabrics were welcomed by garment factories. To the whole market, the spot transactions and order volumes on fashion fabrics increased slightly compared with last week, the whole market tended to have a small rebound. The price index on polyester/spandex fabrics closed at 95.57 points, up 0.56% than last issue. As more polyester/spandex fabrics came into the market, mid-heavy and light spring and summer filament satin 4-way stretch, filament sequin 4-way stretch, cationic FDY 4-way stretch, cationic two-tone rayon striped 4-way stretch, cationic mixed-color rayon striped 4-way stretch, cationic diamond rayon striped 4-way stretch and filament color striped 4-way stretch, filament lustrous weft stretch satin and filament dull weft stretch satin, the daily sales volume of spot goods in different colors grew more than that of last week, order sending of partial large salesrooms grew slightly, early-summer mid-heavy and light fabrics had a slight growth in sales, causing the price index to rebound slightly. The price index on cotton fabrics closed at 102.88 points, up 0.61% from last issue. In cotton fabrics, part of mid-heavy fabrics declined slightly, and mid-heavy and light fabrics increased; spring and summer cotton plains, cotton printed fabrics, cotton jacquard fabrics and cotton yarn-dyed fabrics had a small growth in spot transaction and order sending, making the price index climb up slightly.

It is forecast that the turnover of the whole market of China Textile City tends to climb up. Owing to the active domestic market, customers from target secondary markets across the country and fashion accessories manufacturing companies are active in subscribing spot goods and placing orders. Various spring and summer products interact with each other, In polyester/spandex 4-way stretch, polyester fabrics, nylon/cotton fashion fabrics, T/C printed fabrics, cotton printed fabrics, polyester/nylon fabrics, ramie/viscose fabrics, fashion fabrics and other apparel fabrics, mid-heavy fabrics partially continue to sell well with gradually increasing growth in sales. In home textile, partial curtain fabrics and curtain gauzes with new styles and innovative patterns remain active sales, and the sales volumes continue to account for large amount on home textile market.

Top 10 Categories in Rising

Top 10 Categories in Falling

1 Lining Materials

1.74%

1 T/C Fabrics

-2.34%

2 Ramie/Viscose Fabrics

0.99%

2 Polyester Fabrics

-1.57%

3 Fashion Fabrics

0.82%

3 Thread & Rope

-1.39%

4 Laces

0.70%

4 Apparel Linings

-0.75%

5 Cotton Fabrics

0.61%

5 Belts

-0.69%

6 Chemical Fiber Grey Fabrics

0.60%

6 Curtain Gauzes

-0.52%

7 Polyester/Spandex Fabrics

0.56%

7 Viscose

-0.16%

8 Blended

0.38%

8 Polyester/Wool Fabrics

-0.16%

9 Curtains

0.35%

9 Daily-use Home Textile

-0.13%

10 Polyester/Nylon Fabrics

0.27%

10 Cotton/Ramie

-0.11%

In this issue, the price indices on lining materials, ramie/viscose fabrics, fashion fabrics, laces and cotton fabrics ranked the first five categories in rising. The sales volume increased in different degrees compared with last issue. The slight increase of unit price of partial representative products was the main factor.

In this issue, the price indices on T/C fabrics, polyester fabrics, thread & rope, apparel linings and belts ranked the first five categories in falling. The turnover declined in different degrees compared with last issue. The slight decrease of unit price of partial representative products was the main factor.